Jose Canero Acquires Multifamily Property In Miami From 25 Chateau Grove Condo Owners For $17.3M

The property transaction involved the multifamily asset located at 3265 Virginia Street in Miami. The sale price was set at $17,300,000 for a total of 25 units, with a price per unit of $692,000. The total square footage of the property is 23,595, resulting in a price per square foot of $733.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $17,300,000
• Units: 25
• Price Per Unit: $692,000
• Total Square Feet: 23,595
• Price Per Square Foot: $733
• Buyer: Jose Canero
• Seller: Emily J Beckham, Tantoco Jennifer, Cecilia Valdes, Ana Luisa Vidales, Hernandez Jr Jose M, Pindeka Tdh Llc, Susanna Un San Chan, Renee J Burke, Miami Sunset Real Estate Holdings Llc, Carolina Ramirez, Hugh Christopher Samuel, Julianne Christine Samuel, Andres Ernesto Portuondo, James Gilbert Jenkins, Zhang Fan, Mara Isabel Perdomo, Rubio Miranda, Eduardo Giro, Sara Giro, Alejandro M Palil, Analorena Zeledon, Zachary R Wethington, Zachary J Naughton & Mercedes Saint Elin - ALL 25 Chateau Grove Condo Owners
• Brokers: Michael Axel Neree, Maria Patty Bolanos & Raquel Rivas - The Canero Group (@CaneroGroup)

Key individuals involved in the transaction include the buyer, Jose Canero, and the sellers, representing a collective group of 25 condo owners known as Chateau Grove. The transaction was facilitated by brokers Michael Axel Neree, Maria Patty Bolanos, and Raquel Rivas, all associated with The Canero Group.